Comments on: Kovy’s Contract Rejected — Why?

By: sirtuin

sirtuin — Fri, 23 Jul 2010 03:18:25 +0000

Kovalchuk’s deal is without question a way of circumventing the salary cap… but it is doing so through a loophole, it isn’t breaking the rules as written, or as established by previous precedence of other contracts. The NHL should allow this, and then close the loophole asap.

By: ashley hollis

ashley hollis — Wed, 21 Jul 2010 18:39:13 +0000

I laughed and laughed and am still laughing. Greed gets you nowhere! Kovy you suck!!

By: TRG

TRG — Wed, 21 Jul 2010 15:55:33 +0000

I loved that Uncle Lou thumbed his nose at the NHL and stated that the contract was circumventing the cap. But then…let’s talk about those other contracts that are doing the same thing. Tell me, do you expect Kipper to play for 1.5 his final year? I think the problem with this one is that you’ve got a number of years under a million. The others have their lowest at that million number. Seems to be the magical part. As for DiPietro…wasn’t that contract before the current CBA? (didn’t check to see if it was or not)

The biggest fear is that we’re going to lose hockey again in 2 years. To me it’s almost a certainty with the players about to annoint Donald Fehr as their grand poobah. :(

By: savvy

savvy — Wed, 21 Jul 2010 13:05:34 +0000

Well, here’s the pertinent language:

“26.3 Circumventions.
(a) No Club or Club Actor, directly or indirectly, may: (i) enter into any agreements, promises, undertakings, representations, commitments, inducements, assurances of intent, or understandings of any kind, whether express, implied, oral or written, including without limitation, any SPC, Qualifying Offer, Offer Sheet or other transaction, or (ii) take or fail to take any action whatsoever, if either (i) or (ii) is intended to or has the effect of defeating or Circumventing the provisions of this Agreement or the intention of the parties as reflected by the provisions of this Agreement, including without limitation, provisions with respect to the financial and other reporting obligations of the Clubs and the League, Team Payroll Range, Player Compensation Cost Redistribution System, the Entry Level System and/or Free Agency.”

Obviously this bylaw has been broken in the past, but I think Kovy’s contract is basically the straw that’s broken the camel’s back. It’s been push, push, push (Hossa, Luongo, etc.), and now it’s OK, THAT’S IT, NO MORE!

The real tipping point? Those final six years at less than league minumum. That’s the “haha, I’m thumbing my nose at the salary cap” clincher. Two years, maybe. Four years, pushing it. SIX years? Nuh uh.

By: The Hockey Goddesses » Blog Archive » I Said “Ha-Ha!” (Sorry Kovy)

Wed, 21 Jul 2010 12:37:09 +0000